Which companies are Hongbo's closest peers?

The cockpit's peer set: Shenzhen Jinjia (002191.SZ), Bestsun Energy (600681.SS), Manipal Payment and Identity Solutions (MPIMANIPAL.NS), Beijing Shengtong Printing (002599.SZ), Tungkong (002117.SZ), Ennis (EBF), Yongji Printing (603058.SS), KOSAIDO (7868.T).

Is Hongbo expensive compared with its peers?

On ev / sales it trades at 11.4× against a peer median of 1.7×, most expensive of 20 in its peer set.

How has Hongbo stock performed?

Over six months to 6 Nov 2026 the shares returned -44.3% against -15.6% for the median peer; over one year -45.9%.

← CockpitCompetitor Analysis › 002229.SZ Hongbo Co. Ltd. Class AOpen in the cockpit ↗

Hongbo Co. Ltd. Class A002229.SZCompetitor analysis, valuation and peers

China · CNY·Industrials›Commercial Printing/Forms

Momentum laggard 14

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$677M

US dollars, full cap

Free float

98%

of shares outstanding

$/day

$21.4M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-17.0 pp

WACC 9.0%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥9.13

1D-2.7%

1W+5.3%

1M-8.2%

3M-14.1%

6M-44.3%

YTD-40.9%

1Y-45.9%

ATR %4.5%

52w lowhigh54.8% off high

What Hongbo does

Employees: 1,085

Hongbo at a glance

Size Hongbo (002229.SZ) is a China Industrials company (Commercial Printing/Forms) with a market value of $677M, the 3147th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥9.13 on 6 Nov 2026.

Performance Over six months the shares fell 44.3%, against -15.6% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 20 in its peer set.

Growth Revenue fell 59.3% over the last twelve months (peer median +0.5%); the operating margin is -47.0% (peer median 6.2%).

Valuation It trades at 11.4× enterprise value to sales against a peer median of 1.7× (most expensive of 20).

Capital Return on invested capital runs 17.0 points below its cost of capital (9.0% WACC).

Relative performance

Six months, rebased to 100: Hongbo against the median of its 20 peers (local-currency closes).

Hongbo financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥415M	CN¥1.01B	CN¥507M	CN¥616M	CN¥542M
Revenue growth	—	+99%	-18%	+14%	—
Gross profit	CN¥107M	CN¥157M	CN¥34.9M	CN¥135M	CN¥91.7M
EBITDA	n/a	CN¥30.9M	-CN¥41.3M	CN¥43.0M	CN¥17.4M
Net income	-CN¥242M	-CN¥146M	-CN¥293M	-CN¥54.4M	-CN¥75.1M
Free cash flow	-CN¥158M	-CN¥147M	CN¥24.1M	-CN¥196M	-CN¥7.80M
Capital expenditure	CN¥14.8M	CN¥23.5M	CN¥9.18M	CN¥245M	CN¥51.9M
Total debt	CN¥453M	CN¥506M	CN¥494M	CN¥587M	CN¥480M

Quarterly statements and history in the cockpit →

Hongbo competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Hongbo is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hongbo is the large dot.

Hongbo competitors and peer comparison

How Hongbo compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hongbo against its 20 peers (data as of 6 Nov 2026)
Measure	002229.SZ	Peer median	Rank in peer set
1-month return	-8.2%	-7.6%	10th lowest of 21
6-month return	-44.3%	-15.6%	lowest of 20
Distance from 52-week high	-54.8%	-37.9%	lowest of 21
Revenue growth (TTM)	-59.3%	+0.5%	lowest of 20
Operating margin	-47.0%	6.2%	lowest of 20
EV / Sales	11.4×	1.7×	most expensive of 20
ROIC minus cost of capital	-17.0 pp	+2.8 pp	lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Hongbo 002229.SZ	China	$677M	-44%	-59%	-47%	11.4×	n/a	n/a
Shenzhen Jinjia 002191.SZ	China	$674M	-16%	+32%	-16%	1.1×	n/a	n/a
Bestsun Energy 600681.SS	China	$696M	-15%	-7%	10%	1.3×	-8.3%	+3.9%
Manipal Payment and Identity Solutions MPIMANIPAL.NS	India	$768M	n/a	n/a	n/a	n/a	n/a	n/a
Beijing Shengtong Printing 002599.SZ	China	$552M	-17%	-4%	0%	2.0×	28.4%	0.0%
Tungkong 002117.SZ	China	$543M	-32%	-12%	12%	3.0×	5.7%	+0.3%
Ennis EBF	United States	$528M	+1%	+2%	14%	1.2×	-12.4%	+1.9%
Yongji Printing 603058.SS	China	$492M	-28%	-15%	8%	4.4×	25.0%	+15.1%
KOSAIDO 7868.T	Japan	$434M	-24%	-5%	18%	1.7×	-13.5%	+2.8%
TCPL Packaging TCPLPACK.NS	India	$427M	+58%	+5%	12%	2.1×	22.0%	+15.0%
Shaanxi Jinye Science Technology and Education 000812.SZ	China	$406M	-13%	+1%	-8%	3.5×	n/a	n/a
Quad/Graphics QUAD	United States	$388M	+2%	-5%	5%	0.4×	-7.0%	-3.8%
Tianjin Binhai Energy & Development 000695.SZ	China	$386M	-28%	+57%	-8%	6.9×	n/a	n/a
Deluxe DLX	United States	$1.22B	0%	0%	13%	1.6×	2.1%	+3.6%
Wirtualna Polska WPL.WA	Poland	$364M	-6%	+39%	11%	1.1×	-5.0%	+28.5%
Avex 7860.T	Japan	$353M	+3%	+7%	3%	0.2×	-12.9%	+12.4%
Guangdong New Grand Long Packing 002836.SZ	China	$348M	-25%	+6%	8%	4.8×	19.1%	+15.4%
Cimpress CMPR	United States	$1.39B	-38%	+10%	6%	0.8×	5.4%	+7.7%
Silkroad Vision Technology 300556.SZ	China	$328M	-9%	+52%	-2%	2.5×	n/a	n/a
Beijing Hanyi Innovation Technology 301270.SZ	China	$314M	-19%	-7%	0%	9.8×	46.1%	-0.7%
Nissha 7915.T	Japan	$303M	-19%	0%	2%	0.5×	6.5%	+1.6%

Questions

Which companies are Hongbo's closest peers?: The cockpit's peer set: Shenzhen Jinjia (002191.SZ), Bestsun Energy (600681.SS), Manipal Payment and Identity Solutions (MPIMANIPAL.NS), Beijing Shengtong Printing (002599.SZ), Tungkong (002117.SZ), Ennis (EBF), Yongji Printing (603058.SS), KOSAIDO (7868.T).
Is Hongbo expensive compared with its peers?: On ev / sales it trades at 11.4× against a peer median of 1.7×, most expensive of 20 in its peer set.
How has Hongbo stock performed?: Over six months to 6 Nov 2026 the shares returned -44.3% against -15.6% for the median peer; over one year -45.9%.